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For Release –March 18, 2018

Sports Facilities Help Engender Sense of Community in Downtown Summerlin

Las Vegas-based restaurateur Elizabeth Blau has been mostly out of town for months now, launching a multitude of food and beverage outlets as part of the massive international entertainment destination Parq Vancouver, which houses a hotel and casino right next to BC Place Stadium in British Columbia, Canada.

Blau, her husband and business partner, Kim Canteenwalla, and their 13-year-old son Cole are a sports-loving family, so it’s been difficult for Blau to miss out on the phenomenon of Las Vegas’ firstyear NHL team, the Golden Knights. She did catch a road game when the Knights played the Canucks in Vancouver.

“I can tell from my social media blowing up that they’ve taken over the city with their energy and spirit,” she says. “I was home in Las Vegas on a recent Friday night and it was one of the quietest nights I can remember, because everyone was either at the hockey game or somewhere watching it.”

Blau has a special proximity to the local sports boom. Her restaurant Andiron Steak & Sea is one of the most popular dining destinations at Downtown Summerlin, also the location of the Golden Knights’ practice facility and headquarters, City National Arena. Her family lives in the area, too.

After the Feb. 23 groundbreaking for the 10,000-seat Las Vegas Ballpark hosted by the Howard Hughes Corp. and Las Vegas Convention and Visitors Authority, Downtown Summerlin is also about to be the home of the Las Vegas 51s, the city’s Pacific Coast League professional baseball team and Triple-A affiliate of the New York Mets.

“I think baseball is kind of the icing on the cake,” says Blau, who also missed out on the groundbreaking while in Canada. “It’s another demand-generator for people to come to Downtown Summerlin. We’ve been huge fans of what the Howard Hughes Corp. has done here and we know they’ve had this master plan from the beginning to create this sense of community. Coming from the East Coast, this is something I’ve really missed in Las Vegas, and it’s really nice to have it.”

Most locals probably hear the words “Downtown Summerlin” and think of the master-planned community’s centrally located outdoor mall that fits between Red Rock Resort on West Charleston Boulevard and Sahara Avenue to the south. With its many stores and restaurants, movie theaters and family-friendly programming, the shopping center is thriving.

But it’s just a part of Downtown Summerlin, a nearly 400-acre plot that also stretches from the Beltway in the west to Town Center Drive in the east and opened in 2014. The urban-style development also includes Red Rock Resort, the Lifetime Fitness center and City National Bank building, the new Constellation luxury apartment building and another office building currently under construction. More than 4,000 attached residences — apartments, condos, lofts and brownstones with no traditional suburban single-family homes — are planned to complete the high-density community.

“I think it will be quite evident when those additional residential projects come around, especially one at the corner of Sahara and Pavilion Center Drive, that all of a sudden, with the ballpark and stadium for hockey and new office building, that this area is taking on a life of its own,” says Kevin Orrock, president of Summerlin. “It’s always been about creating that live-work-play environment. Our goal is to create a high-density, high-energy urban center, and we’re well on our way to doing that.”

When you think of a true downtown area, there are certain elements that come to mind. Sports is one of those elements. The appearance of hockey and baseball in Downtown Summerlin seems sudden even though it wasn’t, not unlike Las Vegas’ greater professional sports surge that includes the Golden Knights, the NFL’s Raiders, the WNBA’s Aces and the United Soccer League’s Lights FC.

“If 20 years ago someone would have told me we’d have baseball in the middle of Summerlin, I would have thought, ‘How’s that going to happen?’ ” Orrock says. “But then all of a sudden the Howard Hughes Corp. owns the baseball team. There had been discussions for quite some time, it was just a matter of getting all the stars to align.”

City National Arena has become another popular family destination at Downtown Summerlin — like the Regal Luxury movie theaters or the Dave & Buster’s arcade and restaurant — with youth and adult hockey leagues and other skating activities. Las Vegas 51s games will be another affordable family activity just a few steps away.

“Hockey in Las Vegas has been special because the Vegas Golden Knights have done a spectacular job of ingratiating themselves into the fabric of the community,” Orrock says. “I think we’ll see the same thing with baseball and even the Raiders. Sports tend to drive further development, and the ballpark will accelerate that.”

There was already an assortment of restaurants inside Red Rock Resort (and movie theaters, too) before that first retail-oriented phase of Downtown Summerlin opened. But business at the casino is better than ever as the resort and the mall create some synergy.

“We were already fans of residing in Summerlin since opening Red Rock Resort’s doors in 2006, but it’s just getting better every year,” says Lori Nelson, vice president of corporate communications for Station Casinos. “While Red Rock Resort offers a full array of entertainment and dining offerings, we are equally thrilled to offer our hotel guests additional, not to mention walkable, amenities such as shopping at Downtown Summerlin, City National Arena and soon a world-class baseball stadium.”

Nelson says the benefits of Downtown Summerlin’s expansion extend beyond the hotel guest base. New venues are also enjoyed by team members from Red Rock Resort and Station Casinos’ adjacent corporate office.

Initial developments at Downtown Summerlin have attracted locals from all over the Las Vegas Valley, not just neighbors, and the sports facilities mark the culmination of creating that kind of exciting destination. The future is focused more on providing services and a specific lifestyle for those who want to live at Downtown Summerlin or near the urban center.

“We are starting to draw other types of commercial operations,” Orrock says. “We are under construction at Hualapai and Flamingo on a large build-to-suit complex for Aristocrat Technologies, and we’re pleased to see them coming into Summerlin.

“In the next several years, we have a lot going on, more job-creating projects that will ultimately help create that environment so people can live close to where they work. That’s everybody’s goal at this point.”

Developed by The Howard Hughes Corporation, Summerlin began to take shape in 1990 and has ranked in the country’s top 10 best-selling master-planned communities for nearly two decades. Located along the western rim of the Las Vegas valley, Summerlin encompasses 22,500 acres with approximately 6,000 gross acres still remaining to accommodate future growth, including infrastructure, open space and common areas, all within the master plan. The community is currently home to nearly 100,000 residents who enjoy an unparalleled list of amenities. These include more than 250 neighborhood and village parks, more than 150 completed miles of trails, 27 public and private schools, 14 houses of worship, ten golf courses, shopping centers, medical and cultural facilities, business parks and dozens of actively selling floor plans. Homes are available in a variety of styles – from single-family homes to townhomes– priced from the $300,000s to more than $2.5 million. For information on custom homesites in The Ridges please call 702.255.2500. Luxury apartment homes offer monthly rents starting from the $900s. Visit www.summerlin.com for more information.

About The Howard Hughes Corporation®

The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. Our properties include master planned communities, operating properties, development opportunities and other unique assets spanning 14 states from New York to Hawai‘i. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC with major offices in New York, Columbia, MD, Dallas, Houston, Las Vegas and Honolulu. For additional information about HHC, visit www.howardhughes.com, or find us on Facebook, Twitter, Instagram, and LinkedIn.

Safe Harbor Statement

Statements made in this press release that are not historical facts, including statements accompanied by words such as “will,” “believe,” “expect,” “enables,” “realize”, “plan,” “intend,” “assume,” “transform” and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s expectations, estimates, assumptions, and projections as of the date of this release and are not guarantees of future performance. Actual results may differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ materially are set forth as risk factors in The Howard Hughes Corporation’s filings with the Securities and Exchange Commission, including its Quarterly and Annual Reports. The Howard Hughes Corporation cautions you not to place undue reliance on the forward-looking statements contained in this release. The Howard Hughes Corporation does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release.

This is not intended to be an offer to sell nor a solicitation of offers to buy real estate in Summerlin by residents of Connecticut, Hawaii, Idaho, Illinois, New Jersey, New York, Oregon, Pennsylvania, or South Carolina, or any other jurisdiction where prohibited by law. No offering can be made to residents of New York until an offering plan is filed with the Department of Law of the State of New York. This offer is void where prohibited by law. Obtain the Property Report required by Federal law and read it before signing anything. No Federal agency has judged the merits or value, if any, of this property.

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